Debt - Paul Krugman joins our new economics podcast
May 29, 2024
27 min
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402 of 1,082
May 29, 2024
Debt - Paul Krugman joins our new economics podcast
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27:40This episodeDebt - Paul Krugman joins our new economics podcast
Summary
US government debt isn't a crisis to Paul Krugman. The Nobel laureate has long argued that history and arithmetic suggest a crisis is unlikely. But does that hold true in other countries around the world? Can they live with the levels of debt that have become the norm, or is there a nasty shock or full-blown crisis in the offing? Krugman joins host Carmel Crimmins to talk global debt, spending and the politics driving decision-making. Plus, we take a ride on a Berlin commuter train for a real world look at the downside of balancing the books.
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